Is Jackson, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Jackson has remained a Seller's Market.

Key Takeaway

Jackson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jackson, WI

How much do homes in Jackson, WI cost?

Median Sold Price

$395,000

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,000(+21.5%)

Key Takeaway

Homes in Jackson have sold for 21.5% more than they did a year ago.

Summary: The median home sold price in Jackson was $395,000 in November 2024, up 21.5% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $171.5K$186.8K
+8.9%
2 $239.9K$294.5K
+22.8%
3 $365.2K$405.4K
+11.0%
4 $516.9K$460K
-11.0%
5+ $750K$528.9K
-29.5%

Summary: Jackson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 22.8%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 29.5%.

Median Sold Price Compared To Nearby Cities

Jackson
+21.5%
Polk
-3.3%

Housing Supply in Jackson, WI

How many homes are available in Jackson, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5861+5.2%

Summary: The Jackson real estate market had 61 homes for sale in November 2024, a 5.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1415
+7.1%
3 2826
-7.1%
4 1417
+21.4%
5+ 23
+50.0%

Summary: The Jackson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Jackson in November 2024, up by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.

Days on Market for Jackson, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Jackson, WI

Nearby Markets to Jackson, WI